subprime mortgages: The Panic of 2007 - Subprime Mortgages and Information - 10/07/08 06:45 AM
For lunch, and perhaps a few more minutes, I am reading today a paper entitled "The Panic of 2007" by Gary Gorton from the Yale School of Management and delivered in August to a Federal Reserve Bank meeting in Jackson Hole. 
Yes, it's 91 pages and chocked full of detailed sketches of the sub-prime problem
Yes, it's a bit dry, but well worth the read to any serious student of mortgage securitization or the political impact of last week's bailout bill.
 
I'll leave a few comments here, and then post others from my twitter profile this afternoon.  
 
Right off … (2 comments)

subprime mortgages: Government is a big part of the mortgage problem - 09/23/08 12:23 AM
Mortgage Market for Conservatives As a former home builder, and current partner in a mortgage company and consultant to a few real estate related companies, I have an avid interest in what has been happening over the last 18 months in housing and especially mortgages. I have been saying over at Northwest Indiana Real Estate, for months now that the problem is too much regulation. Of course this position isn't held in very high esteem, Presidential candidates are scared to even suggest that the government is getting in the way ... and regulators would lose their jobs if we found that … (12 comments)

subprime mortgages: Collaboration on sub-prime mortgage solutions - 03/31/08 12:02 AM
I am a regular reader of the Wikinomics Blog which had it's start in best selling book by the same name.
Today's quote caught my real estate attention:
A few readers might have seen these quotes in last week's press release, but I wanted to post them here as well:
"The old-school way of doing business hides problems and creates inefficiencies. Radical collaboration solves those problems. It brings the best minds together, exposes hidden risks, and accelerates innovation and growth. We've seen how it transforms industries, such as music and entertainment. But now it's time to take the same approach to the most serious problems - … (4 comments)